Liquid Bulk News - page 6

 

Egypt Expected to Resume LNG Exports in December or January

Nov 14, 2023

Egypt is expected to resume exports of liquefied natural gas (LNG) in December or January as domestic demand declines during winter and as it receives more gas from Israel, an executive at Italy's ENI said on Tuesday.'Consumption in Egypt is reducing and we would expect by December…

US Working with Allies Over Sanctions on Russian Arctic LNG Project

Nov 08, 2023

The Biden administration is working closely with partner countries over sanctions on a Russian liquefied natural gas project in the Arctic as a January deadline looms on a wind down of transactions with the plant, a State Department spokesperson said on Wednesday…

US October LNG Exports Climb to Second Highest Level on Record

Nov 01, 2023

U.S. liquefied natural gas (LNG) producers ramped up exports in October, to 7.92 million metric tons, according to data provider LSEG, the second-highest monthly level on record.Exports were just shy of the record 8.01 million metric tons in April this year…

Strait of Hormuz: The World's Most Important Oil Artery

Oct 20, 2023

The Israel-Hamas war has raised the spectre of a wider regional conflict which could embroil Iran and other regional factions.Analysts and market observers say the conflict could prompt the United States to tighten sanctions on Iran, which may…

Russia's Western Sea Port Oil Exports Seen Falling as Refinery Runs Rise

Oct 18, 2023

Russia's oil exports via its western sea ports in November may fall by some 300,000 barrels per day (bpd) after ample supplies in September-October as domestic refineries are expected to raise runs as seasonal maintenance ends, three sources familiar with the plans said…

Inland Waterways: US Making Progress on Infrastructure

Oct 12, 2023

The United States’ vast network of navigable inland rivers is vital to the nation’s economy, serving as an aquatic superhighway for the efficient shipment of critical commodities like agricultural goods, energy products, building materials and industrial chemicals to destinations within the U…

Refinery Maintenance Puts a Dent in Russia's Seaborne Diesel Exports

Oct 03, 2023

Seaborne diesel and gasoil exports from Russian ports fell 27% in September from a month earlier to about 2.76 million tonnes due to a major overhaul of refineries and a fuel export ban, data from traders and LSEG showed.Idle primary oil refining capacity for September stood at 4…

US Regains Crown as World's Largest LNG Exporter

Sep 12, 2023

The U.S. regained its crown as the world's largest exporter of liquefied natural gas (LNG) in the first six months of this year, according to the U.S. Energy Information Agency (EIA).US exports of the superchilled gas, particularly to Europe…

Tanker Becomes Europe's First to Connect to Shore Power

Sep 06, 2023

The Swedish port of Gävle recently became one of the first in the world to successfully connect a tanker vessel to a shoreside electricity system.The shore power connection solution was provided by Cavotec, based on new standards drawn up in cooperation with other ports and operators…

Russia's Seaborne Diesel Exports on the Rise

Sep 05, 2023

Russia's seaborne diesel and gasoil exports in August rose by 2% from a month earlier to about 3.85 million metric tons on healthy fuel production, data from traders and LSEG showed.Idle primary oil refining capacity for August was estimated at 3…

US LNG Exports Slip in August

Sep 01, 2023

U.S. exports of liquefied natural gas (LNG) fell in August as some processing plants reduced output and a heat wave increased gas demand for power, leaving less gas available for LNG production, according to vessel monitoring data and analysts…

Kinder Morgan Says Idalia Caused Minimal Damage to Florida Terminals

Aug 30, 2023

Kinder Morgan KMI.N on Wednesday said its Port Manatee, Port Sutton and Tampaplex terminals in Florida sustained minimal damage due to Hurricane Idalia, and that it was also planning to shut its Charleston area terminals later in the day.The U…

China Completes Its Largest Port Oil Storage Facility

Aug 24, 2023

The third phase of China's largest single coastal oil storage facility has been completed and went into operation on Wednesday in Qingdao port, in the eastern province of Shandong, the state media outlet China News reported.The third phase of…

Great Lakes Wins Dredging Contract for Port Arthur LNG Project

Aug 23, 2023

Houston-based dredging contractor Great Lakes Dredge & Dock Corporation announced it has been awarded a dredging and disposal contract in support of the Port Arthur LNG Phase 1 project.Great Lakes has been contracted by Bechtel Energy, the engineering…

Shell Taps Goldman Sachs to Explore Singapore Refinery Sale

Aug 23, 2023

Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter.The global energy major's new CEO…

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

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JSW Infra, India's JSW Infra, posts 54% increase in quarterly profit due to higher coal volume
South Korea's FLC purchases about 66,000 T of corn in a private deal, traders claim
Turkey maintains its commitment to the contested "Kanal Istanbul" project